24 CFR §221.753 — Termination of mortgage insurance

fha-24cfr-221-753

HUD / FHA Multifamily · a federal regulation, 24 CFR Part 221, Subpart D—Contract Rights and Obligations—Moderate Income Projects. It governs FHA's multifamily programs, not the Single Family Housing Policy Handbook 4000.1. Text as of eCFR 2026-10-09.

24 CFR §221.753, Termination of mortgage insurance. An FHA multifamily program rule in Subpart D—Contract Rights and Obligations—Moderate Income Projects of 24 CFR Part 221 (Low Cost and Moderate Income Mortgage Insurance—Savings Clause).

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Verbatim regulatory text (2)

Verbatim provisions from 24 CFR §221.753 — Termination of mortgage insurance — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

24 CFR §221.753(a)

In addition to the provisions of § 207.253a, the following requirements apply to certain multifamily mortgages insured under section 221 of the National Housing Act: (a) For those projects qualifying as eligible low income housing under § 248.201, the contract of insurance may be terminated only as provided in part 248.

Source: 24 CFR §221.753(a) · source URL · snapshot a42315a240c823c4

24 CFR §221.753(b)

(b) For those projects subject to section 250(a) of the National Housing Act, the contract of insurance may be terminated only if the Commissioner determines that the requirements of section 250(a) are met.

Source: 24 CFR §221.753(b) · source URL · snapshot a42315a240c823c4

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Source of record: https://claudeforcompliance.com/regs/fha-24cfr-221-753/ · register fha-24cfr-221-753 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.